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Full Description
The Academic Scribblers offers a thoughtful and highly literate summary of modern economic thought. It presents the story of economics through the lives of twelve major modern economists, beginning with Alfred Marshall and concluding with Paul Samuelson and Milton Friedman. In a very real sense, this book picks up where Robert Heilbroner's classic The Wordly Philosophers leaves off. Whereas Heilbroner begins with Smith and ends with Joseph Schumpeter, Breit and Ransom bring the story of modern American and British economic theory up to the 1980s. The Academic Scribblers is an elegant summary of modern economic policy debate and an enticement into a happy engagement with the "dismal science" of economics." Originally published in 1998. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions.
The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Contents
ForewordPreface to the First EditionPreface to the Second EditionCh. 1Introduction1Pt. 1The Pillars of Neoclassical EconomicsCh. 2The Intellectual Gantry of Neoclassical Economic Policy7Ch. 3Alfred Marshall - Exemplar of Neoclassical Economic Thought19Pt. 2The Eclipse of Neoclassical EconomicsCh. 4Thorstein Veblen - The Abrogation of Consumer Sovereignty31Ch. 5Arthur Cecil Pigou - Externalities in Production43Ch. 6Edward Hastings Chamberlin - The Wastes of Competition53Ch. 7John Maynard Keynes - Unemployment in Equilibrium65Pt. 3The New EconomicsCh. 8Alvin H. Hansen - The American Keynes81Ch. 9Paul A. Samuelson - From Economic Wunderkind to Policymaker107Ch. 10Abba P. Lerner - The Artist as Economist137Ch. 11John Kenneth Galbraith - Economist as Social Critic161Pt. 4The New NeoclassicismCh. 12Frank H. Knight - Philosopher of the Counterrevolution in Economics193Ch. 13Henry C. Simons - Radical Proponent of Laissez-faire207Ch. 14Milton Friedman - Classical Liberal as Economic Scientist223Ch. 15Conclusion263Afterword: The Academic Scribblers after Twenty-Five Years267Index275
